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Chesapeake Square 501-515 Eastern Blvd
1,036 - 13,836 SF of Retail Space Available in Essex, MD 21221
Highlights
- Suite 501 comes with an incentive of $100,000 for the tenant to use for a build-out
- Great exposure on main street with 30-40,000 cars passing by this strip mall daily
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 501 | 8,000 SF | 3-5 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 503 | 1,600 SF | 3-5 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 507 | 1,036 SF | 3-5 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 515 | 3,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
501-515 Eastern Blvd - 1st Floor - Ste 501
It comes with an incentive of $100,000 for the tenant to use for a build-out. There is 6,000 sf on the top floor and 2,000 sf on the basement floor.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space In Need of Renovation
501-515 Eastern Blvd - 1st Floor - Ste 503
Excellent space for any business, high traffic area,
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Central Air Conditioning
501-515 Eastern Blvd - 1st Floor - Ste 507
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
501-515 Eastern Blvd - 1st Floor - Ste 515
Former bank space located on the corner of Eastern Blvd and Margaret Ave Drive-thru on the Margaret Ave side of the building
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Corner Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 501-515 Eastern Blvd , Essex, MD 21221
| Center Type | Neighborhood Center | Frontage | |
| Parking | 175 Spaces | Gross Leasable Area | 70,800 SF |
| Stores | 10 | Total Land Area | 2.41 AC |
| Center Properties | 1 | Year Built | 1950 |
| Center Type | Neighborhood Center |
| Parking | 175 Spaces |
| Stores | 10 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 70,800 SF |
| Total Land Area | 2.41 AC |
| Year Built | 1950 |
About the Property
Strip Mall located on Eastern Blvd in the center of Essex, MD , 30,000-40,000 cars pass by on this main street daily, easy access parking in front of each space,
- Signage
- Tenant Controlled HVAC
Nearby Major Retailers
Presented by
New Life Santuary Ministries Inc
Chesapeake Square | 501-515 Eastern Blvd
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